Coinbase, Google, and ai16z members back new DAO to accelerate crypto and AI

Team members from Coinbase, Google, ai16z, and different large players person joined forces to motorboat Aiccelerate, a caller Decentralized Autonomous Organization (DAO) that aims to accelerate the convergence of crypto and artificial quality (AI).

According to a Jan. 9 announcement, the DAO volition absorption connected fostering decentralized, open-source AI improvement and supporting high-potential projects crossed divers ecosystems.

Additionally, Aiccelerate positions itself arsenic some an concern and improvement DAO. Its superior ngo is to thrust innovation successful what it presumption “agentic AI.”

According to the statement:

“We judge crypto AI is astatine an inflection point. Our ngo is to accelerate the improvement of decentralized, open-source AI and enactment high-potential projects crossed each ecosystem.”

An AI cause is bundle that tin interact with its environment, cod data, and execute tasks to execute goals.

The DAO aims to physique a collaborative assemblage of starring developers crossed aggregate frameworks. These experts volition lend to an array of agents and tools designed to further the organization’s goals. 

Additionally, Aiccelerate volition unify its initiatives nether a azygous token, the AICC. The DAO volition usage immoderate of its profits to bargain backmost its autochthonal token.

The database of improvement advisors includes Shaw, the laminitis of ElizaOS, powering ai16z; EtherMage, a halfway contributor from Virtuals Protocol; Nader Dabit, the caput of developer relations astatine EigenLayer; and Jason Zhao, co-founder of Story Protocol.

Regarding investment, Aiccelerate has Andrew Kang and Marc Weinstein from Mechanism Capital, Justin Lee from Coinbase Ventures, and Anil Lulla from Delphi Digital among their advisors.

Addressing communal shortcomings

Aiccelerate’s attack addresses inefficiencies faced by accepted task superior firms, which often conflict to support gait with the accelerated improvement of liquid markets and just motorboat models similar Pump.fun and Daos.fun. 

By leveraging their web and expertise from their advisors, Aiccelerate plans to supply backing and networking opportunities for emerging projects portion besides processing and deploying an array of agents to heighten decision-making wrong the crypto and AI sectors.

The DAO’s inaugural task volition beryllium a nationalist inferior probe cause designed to assistance the enactment and the broader marketplace marque much informed decisions. 

By blending quality expertise with agentic AI, Aiccelerate aims to found itself arsenic a hub for the adjacent procreation of builders and investors.

The station Coinbase, Google, and ai16z members backmost caller DAO to accelerate crypto and AI appeared archetypal connected CryptoSlate.